Disappointing there is no secondary price discount arrangement in event of SPP price being below the offer price as it is now. Many other companies who undertake SPP offers I have seen in the past usually provide additional share price discounts at the closing date. Currently the SPP is not attractive with a retest of 12.90 odd on the cards. On the up side, if VUL have a positive announcement a week or so prior to the closing date, this may provide impetus to bringing the SP back well above 13.50, hence supporting the SPP. Personally I would not participate unless I see the SP back above previous resistance of $15 to provide an adequate buffer. Waiting for a sub 13 scenario to unfold and take another nibble down there.
Just my observations in this great long term investment.
DYOR and have a great weekend!
Disappointing there is no secondary price discount arrangement...
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Last
$3.40 |
Change
0.230(7.26%) |
Mkt cap ! $585.0M | |||
| Open | High | Low | Value | Volume |
| $3.47 | $3.58 | $3.30 | $3.037M | 882.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2940 | $3.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.42 | 2527 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$3.40 |
Change
0.230 ( 7.00 %) |
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| Open | High | Low | Volume | ||
| $3.55 | $3.55 | $3.30 | 87330 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| VUL (ASX) Chart |